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3280 N University Dr
Coral Springs, FL 33065

$3,900,000 USD

Land For Sale  •  0.59 AC

Property Details

  • Property Type Land
  • Lot Size 0.59 AC
  • Zoning DT-MU
36 Transit Score
78 Walk Score

Description

Located at the intersection of University Drive and Sample Road in Coral Springs, Florida, this 0.6-acre hotel development site is a focal point of the emerging "Downtown Coral Springs" district. Surrounded by new developments, including Modera, a 708-unit Class A apartment development, and over 46,572 square feet of ground-floor retail/restaurant space, the site offers a prime opportunity for an upscale mixed-use hotel. Adjacent to Coral Springs City Hall, the site benefits from its central location within the city's administrative hub. The proximity to the planned City Village development, which will features 412 Class A apartments, 111,362 square feet of retail/restaurant space, 37,393 square feet of office space, and a Whole Foods grocery store, further enhances its appeal. Additionally, Village Square, located on the northeast corner, will offer 377 Class A apartments and 10,000 square feet of retail/restaurant space. With its strategic location and surrounding amenities, this development presents a unique opportunity to establish a Hyatt Place hotel as the premier destination in the market and the exclusive hotel option in this thriving area.

Highlights

Site is in Coral Springs' new downtown, surrounded by 1,497 Class A apartments (both under construction and in planning)
Prime 0.6-acre hotel development site in the heart of Coral Springs' emerging "Downtown Coral Springs" district
Extensive retail/restaurant space, ideal for upscale hotel development
Opportunity to establish a Hyatt Place hotel as the premier destination and exclusive option in this thriving area

Public Transportation

Commuter RailDriveWalkDistance
Pompano Beach (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail)) 15 min - 7.7 mi
AirportDriveWalkDistance
Fort Lauderdale/Hollywood International 36 min - 21.8 mi
David Altman 954-245-3426 Marcus & Millichap
David Altman 954-245-3426 Marcus & Millichap